Risk Analyst
AXA Business Services · Gurugram · onsite · Posted 42d ago
Undisclosed4–9 yrsfulltimeSourced from
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About this role
Risk Analyst
Gurgaon, Haryana, India
AXA XL is the Property Casualty risk division of AXA, created from the acquisition of XL Catlin in 2018. We partner with mid-sized to multinational clients to take their business further, with more than 30 lines of business to offer solutions for existing and emerging risks. With 9,000+ colleagues based in approximately 30 countries we can serve clients in more than 200 countries*.
The Risk Analyst role supports the Credit and Country Risk Management Team, which is part of the CRO Americas, Underwriting Risk, Credit and country Risk. This role reports to the Head of Credit and Country Risk Management.
The position requires a skilled and proactive Risk Data Analytics Specialist to support our credit and country risk management functions. The ideal candidate will be responsible for data management, automation initiatives, risk analysis, and reporting processes that enhance organizational risk oversight and decision-making. This role requires effective technical expertise, innovative thinking, and the ability to collaborate across teams to improve efficiency and data integrity.
What youll be DOING
What will your essential responsibilities include
- Conduct credit and country risk data aggregations using Structed Query Language (SQL) to facilitate robust risk assessment processes.
- Develop, maintain, and enhance comprehensive dashboards in Microsoft Power Business Intelligence (PBI) to enable effective risk monitoring and reporting.
- Collaborate with the business units to ensure timely, accurate, and standardized data uploads via SharePoint.
- Maintain detailed, up-to-date documentation of risk management procedures to ensure compliance and operational excellence.
- Support the Short-Term Economic Capital (STEC) data requirements, ensuring accuracy and consistency.
- Utilize AI-driven data management and analytics techniques to enhance the efficiency and accuracy of Credit and Country risk assessments.
- Automate the Ultimate Parent mapping process by exploring and integrating various tools and Application Programming Interface (APIs) to improve precision and reduce manual effort.
- Support the development and maintenance of a centralized referral management system via SharePoint, streamlining communication and automating workflow processes with business units.
- Contribute to the implementation of strategies aimed at improving consistency and efficiency in risk aggregations, ratings, sector classifications, and country data across AXA XL.
- Create and maintain educational videos to promote best practices and facilitate knowledge sharing.
- Assist in validating and assessing the suitability of credit risk tools, and models, ensuring alignment with organizational requirements and exploring alternative solutions.
- Assist in the development and refinement of risk management policies and risk tolerance frameworks.
- Support the creation and maintenance of downside scenarios, Potential Maximum Loss (PML), and Loss Given Default (LGD) metrics.
- Conduct periodic and ad hoc research on selected underwriting portfolios to inform risk assessment.
- Perform targeted, real-time research on emerging events to support proactive risk management.
- Provide risk analysis support for complex transaction deals referred for review.
- Contribute to the updates of dashboards for risk management committees.
- Support climate risk analysis, geopolitical scenarios risk data summarization, audit, regulatory reporting, and other deliverables.
- Assist the Credit and Country Risk team with special projects and ad hoc tasks as required.
You will report to Head of Credit and Country Risk Management.
What you will BRING
Were looking for someone who has these abilities and skills:
Required Skills and Abilities:
- Proven experience in risk data management, analytics, or related fields.
- Outstanding proficiency in SQL, PBI, and automation tools/APIs.
- Hands-on experience with risk assessment, scenario analysis, and regulatory reporting requirements.
- Ability to work self-supportedly, prioritize tasks effectively, and adapt in a dynamic environment.
- Knowledge of (re)insurance product lines and investment risk management.
- Demonstrated ability to collaborate across complex, matrix organizations to develop solutions.
- Commitment to continuous improvement with a proactive approach to streamlining processes.
- Excellent critical thinking, analytical skills, attention to detail, and a proactive mindset.
- Ability to question the status quo to constructively drive positive change.
Desired Skills and Abilities:
- Knowledge of credit and country risk practices within the financial services or the (re)insurance industry.
- Familiarity with AI and machine learning applications in data analysis and risk modeling.
- Experience in developing and implementing risk management policies and frameworks.
- Bachelors and/or masters degree in finance, Investments, Risk Management, Mathematics, or Economics.
- CFA or FRM designation is preferred.
- Relevant years of experience working within a (re)insurance company.
- Familiarity with capital modeling and/or model validation processes.
Who WE are
AXA XL, the PC and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we dont just provide re/insurance, we reinvent it.
HowBy combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business property, casualty, professional, financial lines and specialty.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
Learn more at
What we OFFER
Inclusion
AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. Thats why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential.
Its about helping one another and our business to move forward and succeed.
- Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
- Robust support for Flexible Working Arrangements
- Enhanced family-friendly leave benefits
- Named to the Diversity Best Practices Index
- Signatory to the UK Women in Finance Charter
Learn more at .AXA XL is an Equal Opportunity Employer.
Total Rewards
AXA XLs Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.
Were committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.
Sustainability
At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called Roots of resilience, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.
Our Pillars:
- Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society are essential to our future. Were committed to protecting and restoring nature from mangrove forests to the bees in our backyard by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
- Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We''re building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
- Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. Were training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
- AXA Hearts in Action :We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XLs Hearts in Action programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day the Global Day of Giving.
For more information, please see axaxl.com/sustainability.
Sourced from naukri
Skills
AutomationAgileAutomation Toolsanalytical thinkingapisCROCFAAutomatingAnalyticsapplication programming interfacecredit riskData Managementbusiness strategydata analysiscompliancefinanceBusiness IntelligenceArtificial Intelligence
About AXA Business Services
AXA Business Services
Insurance
845
employees
1946
80 years old
Paris, France
France
₹6.7L PA avg
Avg at AXA Business Services
About
As one of the largest global insurers, our purpose is to act for human progress by protecting what matters. Protection has always been at the core of our business, helping individuals, businesses, and societies to thrive. And AXA has always been a leader, an innovator, an entrepreneurial company, fostering progress in all its dimensions. Our purpose also links back to the Group's roots. From the outset, AXA has been committed to acting as a force for the collective good. From solidarity-based actions with AXA Hearts In Action to work on prevention issues with the AXA Research Fund and the fight against climate change, AXA has always been attentive to its social environment and embraced its responsibility as an insurer: responsibility for taking action upstream in order to better understand risks, with one goal in mind: to ensure better protection.
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